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Search Results 0 to 35 of about 36 (some duplicates have been removed)
CNBC
Dec 28, 2012 4:00pm EST
it. >> our old hopes of rising above just a lost cause at this stage. grover norquist, the president for americans for tax reform is coming on the show next because almost every republican member of congress has signed his pledge not to raise taxes. we'll get his take at what is i would say a very critical juncture. >> and also estate taxes scheduled to jump from 15% to 35% with montana land values more than doubling in past decades. farmers and ranchers are up in arms because the impact estate tax would have on their ability to hang on to their land. we'll speak with one of them coming up in the next half hour. >> also weighing in is outgoing montana governor brian schitser who was a farmer and rancher himself so he should know a thing or two about that. >> plus, health care sunday the microscope right now. we'll find out if this year's winners can carry their mojo into next year. you're watching cnbc, first in business worldwide. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah,
CNN
Dec 28, 2012 4:00pm PST
pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >> he's becoming irrelevant. you can see it in his eyes. he knows the game is up. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm going to be the one to determine what a tax increase is. grover norquist is not going to determine what a tax increase is. >> message seems clear. don't fear the grover. that echoes throughout the upper echelons of the gop. >> boehner tput tax revenues on the table and we heard nothing from norquist. this is a false drama, manufactured by people like you who can't stand norquist. >> people like me? >> the fiscal cliff is a big deal because it's kind of like a vampire and garlic. once you go over the cliff, tax rate go up so much, anything is a tax cut beyond nat. the thing is if you're actually raising taxes from a current policy tax line, you would violate his pledge, but once they go up automatically, cutti
CNN
Dec 28, 2012 11:00pm PST
to want to take it. >> that's a fascinating job as well. number two, we've got grover norquist versus the gop. and here's what's fascinating. he's been a major player, a huge figure, and yet the push back has been growing. the tide has been swelling. take a look at this montage clip of republicans pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >> he's becoming irrelevant. you can see it in his eyes. he knows the game is up. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm going to be the one to determine what a tax increase is. grover norquist is not going to determine what a tax increase is. >> message seems clear. don't fear the grover. that echoes throughout the upper echelons of the gop. >> boehner put tax revenues on the table and we heard nothing from norquist. this is a false drama, manufactured by people like you who can't stand norquist. >> people like me? just because t
CNN
Dec 31, 2012 1:00pm PST
'll have more on this. robert rice and the antitax activists, grover norquist. they are both here for what promises to be a spirited debate coming up in just a for minutes. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. >>> so with the u.s. now going over the fiscal cliff at midnight, drastic across the board spending cuts will automatically take effect the following day. that would be january 2nd. tom foreman is j
CNN
Jan 1, 2013 3:00am PST
the norquist pledge. am i right? >> that's right. absolutely. >> and grover norquist seems to have approved this deal. approved plan b which a lot of republicans didn't support. he couldn't get it to a floor vote. said this is okay. guys like and you many like you across the country are in districts that are not competitive in the general election, they are competitive in the primary, so you have to tack to the side of your party. and that means that it makes it harder for guys like you to compromi compromise, you are keeping an open mind. given your general history, you wouldn't like this deal? >> you stated it perfectly. grover gorgeous kwis well respected. did i sign that pledge in 2002, and that was not just a pledge to grover norquist, u.s. a pledge to the constituents who voted for me over the other two guys, pretty good candidates as well. grover could say theoretically we've gone over the cliff. everyone's taxes have gone up, at least for 12 hours, and a vote would be a vote to lower taxes for everybody under $400,000, and i'm just not sure the people in the 11th of georgia will see
Current
Jan 2, 2013 6:00am PST
. grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪ ♪ and the fiscal cliff reminds him of every vote that let him down ♪ ♪ as he cried out in his anger and his shame ♪ ♪ i'm weeping i am weeping but he still remains ♪ ♪ crying eyes ♪ ♪ crying eyes ♪ >> yea! rocky mountain mike. >> stephanie: rocky mountain mike never on vacation.
CNBC
Dec 28, 2012 3:00pm EST
-- >> they cannot cross over the threshold that has been built by grover norquist. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin react
CSPAN
Dec 30, 2012 2:00pm EST
is the grover norquist pledge that the officials, mainly republicans, have taken. it should be deemed unconstitutional. no elected official should be allowed to take any kind of pledge. when boehner presented plan b, he could not even get a vote on it because it would raise taxes for the million-dollar people. this is definitely a problem. i also think that no entitlement should be part of this when it comes to the senior citizens. their social security, they do not get paid that much. >> she was mentioning the bill that the speaker had to pull because he did not have the votes, the one that would raise income over those making over $1 million per year. a news reporter from "the washington post" talked about the cliff. the minority leader has appealed to the vice president directly in a last-ditch deal to avoid a fiscal cliff. kerry reid stepped back from the talks on the senate floor. and he had yet to hear back from the. -- from them. we will show you comments in a short while ago. taking your phone calls on the fiscal cliff with two days to go, the house and senate vote in a sessio
CNN
Dec 26, 2012 2:00am PST
of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey, if you think a commitment is not for as long as you make it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will rein in spending and reform government, not raise taxes. it's not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, oh, the mortgage, wasn't that long time ago? if you make a commitme
CSPAN
Dec 28, 2012 7:00am EST
norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't know where the pendulum will swing in the next direction. host: from one of our viewers -- on facebook -- guest: that's right. one of the points she raises is it's easy to look and collectors and say we will just drop 10% of this program and 20% off that program. but when you get down to the individual programs, we're talking state and local police departments, fire departments, teachers' pay, all sorts of programs that have different constituencies that you would feel the impact of som
CNBC
Dec 31, 2012 9:00am EST
. >> presidents of americans for tax reforms, grover norquist ond how his tax pledge has played a role in the cliff negotiations. we're back after a quick break. my eye on her... t but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> we are hours away from the fiscal cliff itself. when a series of automatic tax hikes and spending cuts will take place in this country. the house of representatives of beginning legislative business in about 60 seconds or so, as we await any word on whether any potential deal is reached. negotiations involving mitch mcconnell and vice president joe biden, two men who worked together for more than 20 years in the senate. of course, the senate reconvenes at 11:00 a.m. eastern time, in about an hour. a quick look at how the markets are reacting on this final day of 2012. obviously a lot of indecision here, riding the flat line, trying to hed
CNN
Dec 28, 2012 8:00am PST
, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to ahead in the summer of 2011. they demand they reduce deficit as a condition for raising the debt ceiling. without a deal shs the u.s. would lose its ability to borrow money. republicans and democrats deploy tactics that shut down the government and ultimately cost america its aaa credit raid raiting for the first time in history. in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across-the-board cuts known as the sequester would go into effect starting january 2013. at the exact moment when the bush tax cuts extended for two years, if you remember, would expire. the point is we could have all seen this coming. some of us did. we yelled but we were drown ou
MSNBC
Dec 28, 2012 3:00pm PST
've still tried in any way they could to undermine him. i'm looking at grover norquist who says we had an election. boehner was elected speaker. now lame duck obama should get over it. first of all, boehner wasn't elected peeker. and he's also implying that the president doesn't have a mandate. it's the president and the democrats who won the election. the president won by 5 million votes. democrats expanded their majority in the senate and the house democrats earned 1.4 34i8on votes than the gop candidates. boehner is e let the record reflect elected by the republican caucus. this is what makes me not know what they'll do. >> when i said in the top of the show, who's pulling thestri ini are the big donors. these people don't care if we go over the fiscal deadline. that's why they're so cavalier about it. they are trying to redistribute this country's wealth along the lines of more fuel for the wealthy. i think we've got to resist this because what they're trying to do is really make it so that the average american worker is cost competitive with the average chinese worker. we can't ha
MSNBC
Dec 28, 2012 7:00pm PST
is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house lost. >> steve. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skepticalally at the gallup polls. >> let's see if silver comes up in the category, biggest winner, again, i'm going to go first, because once again, i couldn't be more obvious. i just t
CSPAN
Jan 1, 2013 7:00am EST
-- quote from another player -- that is from culver norquist. -- grover norquist. he is suggesting that the gop's negotiating position in the fiscal debate is stronger than being reported. that is at grover norquist for you. others have weighed in as well -- as well. here is "the new york times" -- james in oklahoma, a democratic caller. what is your take? caller: my question is, who is running this country? is it the president, the congress, or is it the american people? the american people break the back to survive on a daily basis. congress does not have that problem. i may not get to eat just because to feed -- just to feed my kids. congress does not have that problem. they do not share the problems. they do not care about our problems. all as long as they get with it and what they got. thank you. host: alex in georgia, republican color. -- caller. caller: happy new year to everybody. i think it is a win, ironically, for republicans. i think anybody of any common- sense realizes -- i will even say you are going to say $300,000 and above, even for household, that is at the chair
MSNBC
Dec 28, 2012 2:00pm PST
norquist and his pledge? >> it's odd because grover was the one sort of outside government institution on the conservative side who agreed with speaker boehner's plan "b" which would have allowed taxes to go up above $1 million in income. all the other conservative groups say no. i think grover's pledge, i don't know where it goes from here. obviously is doesn't have as much teeth as is it did because there are people who are willing to buck it. >> i think the key thing with the grover pledge though is that republicans feel like they're in such a corner here, the house is in disarray, boehner doesn't really know where his caucus is going to go. they're not really worried about grover's pledge. they're more worried about rebuilding the party and surviving this horrible moment when they barely control one chamber. >> okay. so i want to run this by you. charles krauthammer from "the washington post" has suggested this kind of complicated theory that the president has a bigger plan here. wonder if we can play this tape of what he says the president's strategy is. >> he's been using this, a
CNBC
Dec 27, 2012 4:00pm EST
not deliver because they refused because of grover norquist not to allow any tax revenues whatsoever. meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in ses
CNBC
Dec 28, 2012 7:00pm EST
this and then the promised spending cuts, you know what they're all going hear in their head. grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will stabilize the debt to gdp ratio and that has to be -- that has to be one of the goals of a broader deal that now we're probably going to be looking for on the other side of the cliff. >> yeah. i don't know. it doesn't seem to be any part of the president's goal. jared, good to see you always. jimmy, you, too. we'll get you guys back in just a few minutes. we'll get you to the roundtable if you haven't had enough yet. what will it mean for banks? new analysis shows that the expiration ever tax cuts will improve bank savings in 2013, by, listen to t
CNN
Dec 29, 2012 9:00am PST
, grover norquist. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> checking stories that are trending this hour, how about taking a look at this snake? it is a python, 17 feet long. wandered, i like that word, into a florida everglades picnic area. it was shot and killed by a park ranger. >> we just made your day a very exciting one. we just taxied off the taxiway into the grass here right off sierra right before alpha. and we are going to have to deplane
MSNBC
Jan 1, 2013 6:00am PST
or not they consider this to be a tax increase. grover norquist has said voting for this is not a tax increase because the taxes are technically higher right now and this would actually be a tax cut, so -- >> but didn't you think the whole thing was sort of a joke? i mean, when you parse that kind of stuff, oh, it's not really -- i mean, really? really? >> i know the republicans for decades have been burned whenever they've gone and raised taxes and they've been promised spending cuts and they never materialize. so, this is a very, very sore spot for republicans. they don't want to have to vote for a tax increase and then not get anything in return on the spending side, and we have not seen any real kind of offer from the president on spending. and i think that that's where the rubber's really going to hit the road in a couple months. >> jonathan collegeo and. >>> right now secretary of state hillary clinton is said to be in good spirits, resting comfortably in a new york hospital, undergoing treatment for a blood clot. doctors told us yesterday that that clot is located in a vein between her skull an
MSNBC
Dec 26, 2012 10:00am PST
don't have to worry about their pledge to grover norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> th
MSNBC
Dec 28, 2012 1:00pm PST
're listening to grover norquist and unfortunately the tea party has been distorted. i took a little opportunity today to read about the historic i think 1773 when the tea partiers, boston tea partiers threw tea into the boston harbor. they were fighting for the colonies, for our independence, fighting for america. what are the tea party advocates fighting for now, that's not america. to see our economy troubled by the fact that the markets are nervous about going over this slippery slope. if that doesn't touch your heart on middle class americans seeing their tax bill go up enormously or $109 billion in immediate cuts in places where we probably can't cut. we cut $1.2 trillion and if i can say this one point, can you believe it on this day as we are looking for a solution someone has come up with the idea, i'm not going to raise the debt ceiling unless you give me another $1.2 trillion in cuts in medicare. let's stop the one upsmanship. i'm ready to vote on sunday to make it work and to make it work with a compromise. let's come tocchet and we can do this job. >> all right. you heard it here. t
MSNBC
Dec 30, 2012 2:00pm PST
is a way to walk the following line. allow their members to observe the grover norquist pledge and not raise taxes, which means they can't vote before midnight tomorrow to raise taxes. they could easily do that when the calendar turns into the next year. they could do that at any point, be consistent with their pledge and kind of walk away with their chins high. again, presumably observing some sort of line that the president supports about tax increases or in that case not having tax cuts for a few of the upper percentage taxpayers. that's something, again, that doesn't violate any republican pledge, so i think as a practical matter, and we heard this when plan "b" was pulled by speaker boehner, the perception is they can't allow themselves to vote for a tax increase. they don't want to get primaried, but come the new year they have an out which allows them to actually cut a deal. mitch mcconnell i think heinz what he says that he wants to get something done because they don't want to see the economy go into a tailspin. they read the same polls that you and i read which is tha
CBS
Dec 30, 2012 10:30am EST
'm so glad. ( laughter ). >> when ronald reagan was president, grover norquist was in diapers and rush limbaugh was a disk jockey, i think, in st. louis. you have had a hermetically sealed culture grow up on the right in this country that as we saw during the last election, is removed from reality and is extreme in the most egregious way. >> and you don't have to go all the way-- >> it's much further than that. when bill clinton passed that budget deal, he didn't get a single republican vote. and there hasn't been a republican vote for tax increases in 20 years, and if the deal falls apart today-- which i think it probably will-- the reason is there will be no republican votes. even in the senate, much less to the house for a tax increase, which is what they're talking about. >> in the short term there's no political penalty to pay for that, back to your point, i guess, that we re-elected both a democratic president and because-- because of jerry manneddering, so there's no political price to pay so members of congress with vote in the interest of the their constituents and not the bes
CNN
Dec 28, 2012 11:00am PST
one person's opinion carries disproportionate weight and that person is grover norquist. he's the head of americans for tax reform. they have got the pledge that mostly republican members of congress signed to say they won't increase taxes. now, understand this. the top marginal tax rate going from 35% to 39.6% is not a tax increase. it is a return to tax rates that would have taken place after the temporary bush tax cuts expired and got extended. so the way i see it, that cuts with designed to be temporary, but clearly norquist disagrees with me. >> let's say we let the bush tax cuts expire at the end of the year and then congress moved to increase tax rates. would that count? would that violate your pledge? >> that would clearly be -- look, you can't go to the american people and say we raised taxes $500 billion and then we cut it $400 billion, please only look at the cut, not the overall rate. if you raise taxes $100 billion on the american people, they're going to notice it. it doesn't pass the laugh test. >> now, people say he's just one guy. grover likes to say the pledge isn't t
CNN
Dec 31, 2012 2:00am PST
in washington, d.c. we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance.
CSPAN
Dec 27, 2012 9:00am EST
would vote for it. that's all that would be nominee needed. but, mr. president, grover norquist is standing in the way of this. not the rich people. but grover norquist. the man who says what the republicans can do. so i say to the speaker, take the escape hatch that we've left you. put the economic fate of the nation heafd your own fate as speaker of the house. millions of middle-class families are nervously watching and counting down the moments until their taxes go up. nothing can move forward in regards to our budget crisis unless speaker boehner and leader mcconnell are willing to participate in coming up with a bipartisan plan. speaker boehner is unwilling to negotiate, we have we've not heard a word from leader mcconnell, nothing is happening. democrats can't put together a plan on their own without baws without participation of leader mcconnell and speaker boehner nothing can happen on the fiscal cliff sand so far they are radio silent. mr. president, we're going to work the next couple days to get the most important legislation done on fisa. there should be a good debat
CNN
Dec 27, 2012 4:00am PST
on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok.
CNN
Dec 28, 2012 4:00am PST
it offends grover norquist. what role do the pledges play in our inability to compromise? >> well, i'm certain it does play a role. i've never signed these pledges because my obligation to the people who elected me and that's the way it should be for each member of congress, because times change. the circumstances change, you have to address the issue at hand. it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt problem and i understand as far as the republican position is concerned, so that does have credibility, and we have to come to the table on both of those issues, but i think more than anything else, what is deeply troubling is that you can't get congress and the president to reach any accord on anything. we can't even do routine business, let alone the matters that could affect the future of this country. >> olympia snowe you and what you represent will be missed in the senate. senator olympia snowe republican from maine who will not be in the next congress. >>> up ahead they're kn
CNBC
Jan 2, 2013 6:00am EST
. it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing i've seen in the last week is why new york fired the general manager instead of the coach. watching politicians all slap each other on the back while the country slips into a grecian like formula isn't surprising. >> are you surprised the market so far in looking at the futures has taken such a positive outlook on this? >> i don't know. to me, the fair value adjustments in the opening is far from a cohuge move in my opinion. here we are a move in the fixed income markets because of the move in stocks. i caution everybody to wait until the close because i think some of the intraday outside noi
CNBC
Jan 2, 2013 9:00am EST
. if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each other, but the bottom line, 99% of americans are going to get a tax cut. $730 billion. again, wasn't exactly the way i'd like to see it go down because i'd like to see a spending aspect of it. 49 out of 50 governors, that's what i'm going to push for, but we'll have that spending battle, which is the real issue going forward, but we did bring certainty to some of the tax code. i know a lot of small business people are excited about that. >> it is the real issue, congressman, and it could be the more vitriolic battle on capitol hill. do you feel by siding with the democrats this time around that somehow, you
CNN
Jan 2, 2013 1:00pm PST
, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank the work that was done by my extraordinary vice president, joe biden. >> reporter: but there's one problem, the fiscal mess that is so big, even deficit hawk, alan simpson, did the gangnam style to call attention to it, hasn't gone anywhere. >> let me just say that if this is a problem that we haven't dealt with before the next presidential election, 2016, nobody should want or have that job, because the country will be in such bad shape. >> so the fiscal cliff was just a preview of coming attractions. votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potentially, make or break some of the political careers of som
CSPAN
Dec 31, 2012 12:00pm EST
allegiance to this grover norquist fellow. did they not realize that you have to have taxes to pay for these two wars that the republicans -- that was george w. bush who was in charge that time -- they started these wars. and yet, they are saying we have to control the spending. the spending is on these wars. so, let congress take a pay cut of about 35%, and take any revenue the dead and take that revenue and put it towards the debt to pay down our debt. our debt is caused by wars, not by social security, not by medicare. we people who work out here, we pay into social security. we pay into medicare. so, let them take a pay cut. if they want to start cutting everybody, how about congress taking a pay cut? thank you for taking my call. host: christian, your message to washington on this deadline day, about 9 1/2 hours before we reached the midline -- the midnight deadline. caller: i do not think we should now go over the fiscal cliff, and i do not think it is responsible whether you are republican or democrat. i think both parties should unite and work for all americans. it is not o
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